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Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt - Politics (3) - Nairaland

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Top 10 Beneficiaries Of CBN’s N1.1 Trillion Anchor Borrowers Program / Nigeria Ranks 4th - On World Bank Borrowers’ List With $14.3billion Debt / APC Deployed N1.3billion Hush Money To Stop Hashim, As Fela Durotoye Got N750m (2) (3) (4)

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Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Dsimmer: 1:20pm On Oct 15, 2023
Daystar7:


Was it not Tinubu in collaboration Buhari that stopped GEJ from removing subsidy or am I missing something. You playing blame game now. You're also including Buhari in the blame but not Tinubu, who's ur plug? Same subsidy Tinubu claimed has been removed has been said to be back by NNPC MD which APC initially denied but no longer deny. Was it Buhari that took Dollar to #1k? Na only God know wetin Dem dey give una for that agbado camp. Na so una go dey blame y ensuring a clueless man remains president till the next President comes n y'all start again

Because they held his hand?

And Did that also stop Jonathan from building refineries?
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by soccerlite: 1:20pm On Oct 15, 2023
Dsimmer:
It would have been worse if subsidy wasn't removed. Because Nigeria borrow to pay subsidy in the first place! I still can't believe no refinery was built in the last 20 yrs! Obj, Jonathan, Buhari and The NNPC MD have a lot to answer!

For me I believe this world bank, IMF want to put nigeria in debt burden perpetually to be masters over us with the strong aid of nigeria politicians

Especially buhari

Cos

I have never heard them tell nigeria to build refinery or borrow nigeria money to build a functional refinery
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by jrusky(m): 1:21pm On Oct 15, 2023
magzey:

And Buhari was the best Leader to borrow and
Used the fund for national development,unlike your song hero that borrow just to make it's cabinet enjoy.
Google and see why,you may be the descendant of the so called bitch grin grin

Imagine how stupid you are. You are so extremely useless your mental capacity working below 0000.001% meaning nothing left in your skull.

The moment I saw your moniker I knew you are one of those supreme monkey followers son of the beast with low life and absolute nonentity.

I never talked to you or mentitled your a s s but came from the pit of hell with your confuse genetics throwing banter at me.

I was never and will never be Buhari fan and I will never ever and ever be Obi fan so f u c k you very seriously for bringing your moronic shit laced with hate, tribalism and arrogant into my comment, f u c k you once more.

Mind you I voted for Tinubu despite I'm not apc and I will say it louder and louder and 1million of you can't do nada.

You are not only son of bitch but the first born of the beast.
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by afube: 1:22pm On Oct 15, 2023
KillIgbohoN0W:
By Jerry Wright-Ukwu



Source: Politics Nigeria




Nothing fascinates Fulani more than these............Cows, other people's lands and free dollar!
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Akano5(m): 1:22pm On Oct 15, 2023
mtcheeew
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by NwaliE01: 1:25pm On Oct 15, 2023
Atleast there's something that we're ranked high on a global level.
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by ponishah: 1:25pm On Oct 15, 2023
malcom1X:
Borrow more then seek for debt forgiveness.

😄😄😄

All those who borrow, their children have dual citizenship.
They will leave when the time comes and we will be here to suffer from their decisions.
And half of the borrowed money is in the hands of the politicians, both serving and non serving
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Olichoke: 1:27pm On Oct 15, 2023
This is a great news for everyone owing. You're not alone in this.
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Akano5(m): 1:27pm On Oct 15, 2023
soccerlite:


For me I believe this world bank, IMF want to put nigeria in debt burden perpetually to be masters over us with the strong aid of nigeria politicians

Especially buhari

Cos

I have never heard them tell nigeria to build refinery or borrow nigeria money to build a functional refinery

And new power plant.

I also wonder why they keep on lending the currupt politicians loans -- I just conclude they delibrately plunge Nigeria into Debt

1 Like

Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by soccerlite: 1:28pm On Oct 15, 2023
Daystar7:


Was it not Tinubu in collaboration Buhari that stopped GEJ from removing subsidy or am I missing something. You playing blame game now. You're also including Buhari in the blame but not Tinubu, who's ur plug? Same subsidy Tinubu claimed has been removed has been said to be back by NNPC MD which APC initially denied but no longer deny. Was it Buhari that took Dollar to #1k? Na only God know wetin Dem dey give una for that agbado camp. Na so una go dey blame y ensuring a clueless man remains president till the next President comes n y'all start again

Oga!

More than 50% of the debt was borrowed by buhari without nothing to show for it

The architect of nigeria present economic problem is buhari fault

tinubu problem is lack of morals to be president, controversial victory, lack of sympathy for innocent nigerians, tribalism and cronyism
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Resurgent2016: 1:34pm On Oct 15, 2023
Dsimmer:
It would have been worse if subsidy wasn't removed. Because Nigeria borrow to pay subsidy in the first place! I still can't believe no refinery was built in the last 20 yrs! Obj, Jonathan, Buhari and The NNPC MD have a lot to answer!

Did Obj borrow to pay subsidy? What was the debt stock before Obj took power, what was the debt profile when he left?

GEJ was a let-down, notwithstanding, how much did he borrow?

Bubu on the other hand presided over one of the largest fuel price increase in Nigeria's history, yet claimed to borrow massively to fund subsidy.

All of them dealt with the absence of local refining capacity, but one was a complete dimwit that could not manage the economy productively and lived on loan-to-loan.

Until this administration acknowledges the last one was a big error and apologies to Nigeria for supporting it, it will continue to chase shadows in NNPC and CBN looking for what is not lost.

1 Like

Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Gajagojo: 1:35pm On Oct 15, 2023
KillIgbohoN0W:
By Jerry Wright-Ukwu



Source: Politics Nigeria


You just copy and paste
Without context

What does this mean

Nigeria is fourth?

Fourth what?
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Boywiszy: 1:36pm On Oct 15, 2023
My brother our niger delta oil dey to use as
collateral naa, everyday I wish I was not born in this country,
Akwamkpuruamu:
Na jazz we de use for World Bank, cos I see no reason why someone is owing me and yet asking me to borrow him more. After some time, he came to say I should cancel his first debt that he can't pay me, then comes back to borrow again.


There's something the world bank and IMF no de tell we common man.

Something is fishy and onion

1 Like

Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by jaxxy(m): 1:38pm On Oct 15, 2023
malcom1X:
Borrow more then seek for debt forgiveness.

😄😄😄

All those who borrow, their children have dual citizenship.
They will leave when the time comes and we will be here to suffer from their decisions.

debt forgiveness how many times? That is encouraging irresponsibility and corruption. We must embrace proper financial reforms/accountability and pay our debts.
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:39pm On Oct 15, 2023
Dsimmer:
It would have been worse if subsidy wasn't removed. Because Nigeria borrow to pay subsidy in the first place! I still can't believe no refinery was built in the last 20 yrs! Obj, Jonathan, Buhari and The NNPC MD have a lot to answer!

You are really hollow in intelligence if you believe that rubbish you wrote
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:40pm On Oct 15, 2023
jrusky:
That was what that son of bitch called Buhari caused.

What Tinubu did with his two wrong policy moves eclipsed all the missteps of Buhari
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Phred1717: 1:42pm On Oct 15, 2023
One incompetent man called Buhari with Nepa certificate should be blame for putting us into this mess
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:43pm On Oct 15, 2023
jumper524:
forget all these borrowing mantras.
who dey fund IMF?
even the top countries in the world are the highest debtors.

That is not the issue. The US currency is the global currency. They will.simpky turn their debts to trading instruments and still make money. You cannot compare their situation with Nigeria. Please tell yourself the truth.
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by ttobizz(m): 1:43pm On Oct 15, 2023
Urheadmaster:
Upon all the borrowing there's still nothing to write home about tongue

On the contrary bro, we have made more political billionaires
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:44pm On Oct 15, 2023
adecz:



Buhari's incompetent, clueless legacy..☹️☹️☹️


Na God go punish that man forever, for
the hunger, death and hopelessness he has
visited on this country.. 👎👎👎👎👎👎
Brought to us courtesy of Tinubu let us not forget that fact.

1 Like

Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:45pm On Oct 15, 2023
Dsimmer:


Because they held his hand?

And Did also that stop Jonathan from building refineries?

Oga stop all this and admit the role Tinubu and Buhari played in this. Stop all these lies abeg.
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Dsimmer: 1:45pm On Oct 15, 2023
Believeintruth:


You are really hollow in intelligence if you believe that rubbish you wrote

You're the one hollow in intelligence because are you saying it was Tinubu who just got there who made the debt? Or the one who refused to build refinery? Are you crazy?
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:46pm On Oct 15, 2023
jrusky:


Imagine how stupid you are. You are so extremely useless your mental capacity working below 0000.001% meaning nothing left in your skull.

The moment I saw your moniker I knew you are one of those supreme monkey followers son of the beast with low life and absolute nonentity.

I never talked to you or mentitled your a s s but came from the pit of hell with your confuse genetics throwing banter at me.

I was never and will never be Buhari fan and I will never ever and ever be Obi fan so f u c k you very seriously for bringing your moronic shit laced with hate, tribalism and arrogant into my comment, f u c k you once more.

Mind you I voted for Tinubu despite I'm not apc and I will say it louder and louder and 1million of you can't do nada.

You are not only son of bitch but the first born of the beast.

Shut up jare, you don't have sense.
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by jrusky(m): 1:46pm On Oct 15, 2023
Believeintruth:


What Tinubu did with his two wrong policy moves eclipsed all the missteps of Buhari

Name the two policy pls?
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:47pm On Oct 15, 2023
soccerlite:


Oga!

More than 50% of the debt was borrowed by buhari without nothing to show for it

The architect of nigeria present economic problem is buhari fault

tinubu problem is lack of morals to be president, controversial victory, lack of sympathy for innocent nigerians, tribalism and cronyism




But Tinubu put him there. You cannot dismiss that fact. Tinubu even supported his policies and never for once criticized him.
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by jrusky(m): 1:48pm On Oct 15, 2023
Believeintruth:


Shut up jare, you don't have sense.

Imagine, as I said pig will always be a pig.

Ndooh!!!!

You will be ok someday.
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Litmus: 1:49pm On Oct 15, 2023
Debt to GDP Ratio by Country 2023




1 Japan 262% $39,285
2 Venezuela 241%
3 Greece 193% $20,277
4 Sudan 182% $764
5 Lebanon 172% $2,670
6 Eritrea 165%
7 Singapore 160% $72,794
8 Libya 155% $6,018
9 Italy 151% $35,551
10 Bhutan 135%
11 United States of America 129% $69,288
12 Portugal 127% $24,262
13 Suriname 124% $4,836
14 Zambia 123% $1,121
15 Bahrain 120% $22,232
16 Spain 118% $30,116
17 Cuba 117%
18 Canada 113% $52,051
19 France 113% $43,519
20 Belgium 108% $51,768
21 Sri Lanka 105% $3,815
22 Cyprus 104% $30,798
23 Mozambique 101% $500
24 United Kingdom 97.4% $47,334
25 The Bahamas 95.6% $28,239
26 Jamaica 91.5% $4,587
27 Jordan 89.4% $4,406
28 India 89.26% $2,277
29 Mauritius 89% $8,812
30 São Tomé and Príncipe 88% $2,449
31 Egypt 87.2% $3,876
32 Angola 85% $2,138
33 Republic of the Congo 85% $2,214
34 El Salvador 84.75% $4,409
35 Pakistan 84% $1,538
36 Trinidad and Tobago 83.3% $15,243
37 Montenegro 83.27% $9,367
38 The Gambia 82.9% $836
39 Austria 82.8% $53,268
40 Bolivia 82.6% $3,415
41 Ghana 81.8% $2,445
42 Argentina 80.5% $10,729
43 Brazil 80.27% $7,519
44 Tunisia 80% $3,924
45 Croatia 79.8% $17,399
46 Fiji 79.8% $5,086
47 Costa Rica 78.64% $12,509
48 Albania 78.1% $6,494
49 Morocco 77.9% $3,497
50 Zimbabwe 77.2% $1,737
51 People's Republic of China 76.9% $12,556
52 Namibia 76% $4,729
53 Iceland 75% $68,384
54 Sierra Leone 75% $516
55 Slovenia 74.7% $29,201
56 Belize 74.5% $4,420
57 Seychelles 74% $13,307
58 Hungary 73.5% $18,773
59 Senegal 73% $1,606
60 Finland 72.4% $53,983
61 Uruguay 71.5% $17,021
62 South Africa 69.9% $6,994
63 Germany 69.3% $50,802
64 Kenya 68.4% $2,007
65 Oman 67.7% $16,439
66 Rwanda 66.7% $834
67 Maldives 66.6% $8,995
68 Nicaragua 64.8% $2,091
69 Panama 63.66% $14,516
70 Malaysia 63.3% $11,371
71 Slovakia 63.1% $21,088
72 Yemen 63.1% $691
73 Algeria 62.5% $3,765
74 Myanmar 62.5% $1,187
75 Colombia 61.1% $6,131
76 Togo 61% $992
77 Israel 60.9% $51,430
78 Philippines 60.4% $3,549
79 Kyrgyzstan 60.3% $1,276
80 Armenia 60.25% $4,670
81 Thailand 59.61% $7,233
82 Burkina Faso 59.6% $918
83 Ecuador 59% $5,935
84 Malawi 58.8% $643
85 Georgia 57.1% $5,042
86 Ethiopia 57% $944
87 Malta 57% $33,257
88 Serbia 56.5% $9,215
89 Ireland 56% $99,152
90 Mongolia 56% $4,535
91 Liberia 55% $673
92 Lesotho 54.7% $1,166
93 Gabon 54% $8,017
94 Laos 53.81% $2,551
95 Poland 53.8% $17,841
96 Tajikistan 53.67% $897
97 Netherlands 52.4% $58,061
98 Central African Republic 52.1% $511
99 Uganda 51.7% $858
100 Papua New Guinea 51.5% $2,916
101 Honduras 51.46% $2,831
102 Ivory Coast 51.4% $2,579
103 Niger 50.9% $595
104 Dominican Republic 50.4% $8,604
105 Mexico 49.6% $9,926
106 Ukraine 48.9% $4,836
107 Romania 48.8% $14,862
108 Benin 47.2% $1,428
109 Qatar 46.9% $61,276
110 South Korea 46.9% $34,758
111 Cameroon 46.8% $1,662
112 Latvia 44.8% $20,642
113 Madagascar 44.8% $515
114 Chad 44.7% $696
115 Lithuania 44.3% $23,433
116 Mauritania 44.2% $1,723
117 Guyana 43.7% $9,375
118 Guinea 43.3% $1,174
119 Djibouti 43.2% $3,364
120 Norway 43.2% $89,203
121 Turkey 42% $9,587
122 Czech Republic 41.9% $26,378
123 Iran 41.5%
124 Switzerland 41.4% $93,457
125 Indonesia 40.9% $4,292
126 Nepal 40.5% $1,223
127 Vietnam 39.6% $3,694
128 United Arab Emirates 38.3%
129 Uzbekistan 38% $1,983
130 Tanzania 37.3% $1,136
131 Nigeria 37% $2,085
132 Cambodia 36.8% $1,591
133 Denmark 36.7% $67,803
134 Iraq 36.7% $5,048
135 Sweden 36.7% $60,239
136 Chile 36.3% $16,503
137 Australia 36.1% $59,934
138 Peru 36% $6,692
139 Paraguay 34.6% $5,400
140 Bangladesh 33.9% $2,503
141 Belarus 33.5% $7,304
142 Moldova 32.1% $5,315
143 Comoros 31.1% $1,495
144 New Zealand 30.1% $48,802
145 Saudi Arabia 30% $23,586
146 Guatemala 29.98% $5,026
147 Taiwan 28.2%
148 Kazakhstan 27.4% $10,041
149 Equatorial Guinea 27.1% $8,462
150 Bosnia and Herzegovina 24.8% $6,916
151 Luxembourg 24.5% $135,683
152 Botswana 24.2% $7,348
153 Kosovo 23.34%
154 Haiti 23.1% $1,815
155 Bulgaria 22.9% $11,635
156 Palestine 21.3% $3,664
157 Azerbaijan 18.2% $5,384
158 Russia 18.2% $12,173
159 Estonia 18.1% $27,281
160 Burundi 17% $237
161 Democratic Republic of the Congo 14.7% $584
162 Turkmenistan 8%
163 Afghanistan 7.4%
164 Kuwait 7.1%
165 Cayman Islands 4.5%
166 Brunei 1.9% $31,723
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by slowice(m): 1:51pm On Oct 15, 2023
We still have a long way to go.... Let's make it to the top where we belong because we are the giant of Africa... The top is our right.

I trust awa wonderful president Asiwaju Amoda ogunlere Ebola to take us to that enviable position cheesy grin grin

We sha get there sooner that expected let's keep standing on his manhood mandate grin
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by themanderon: 1:56pm On Oct 15, 2023
The painful thing is one cannot point to anything these rogues did with the money they borrowed but Nigerians would be made to pay it back through increases in taxes and hyperinflation.
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by thunderbabs: 1:56pm On Oct 15, 2023
Economy wey we suppose don use protest shut down to demand removal of terrible and incompetent leaders but No, agbado comrades dey shout efokanbale

Okan yin o ni bale after Emilokan finishes with una.

Dey no go teach una
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by thunderbabs: 1:58pm On Oct 15, 2023
Who owns the money the World Bank lends out?

So Nigeria na World bank customer grin

Very bad customer with poor credit

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